QTAC vs. GMMA
QTAC (Q3 All-Season Tactical Advantage ETF) and GMMA (GammaRoad Market Navigation ETF) are both Tactical Allocation funds. QTAC is actively managed, while GMMA is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. QTAC charges 1.78%/yr vs 0.75%/yr for GMMA.
Performance
QTAC vs. GMMA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QTAC achieves a 2.57% return, which is significantly lower than GMMA's 3.89% return.
QTAC
- 1D
- -0.53%
- 1M
- 11.97%
- YTD
- 2.57%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GMMA
- 1D
- 0.28%
- 1M
- 3.22%
- YTD
- 3.89%
- 6M
- 4.03%
- 1Y
- 11.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QTAC vs. GMMA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QTAC Q3 All-Season Tactical Advantage ETF | 2.57% | 0.37% |
GMMA GammaRoad Market Navigation ETF | 3.89% | 0.38% |
Correlation
The correlation between QTAC and GMMA is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 17, 2025 | 0.79 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QTAC vs. GMMA — Risk / Return Rank
QTAC
GMMA
QTAC vs. GMMA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Q3 All-Season Tactical Advantage ETF (QTAC) and GammaRoad Market Navigation ETF (GMMA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Sharpe Ratios by Period
| QTAC | GMMA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 1.11 | -0.84 |
Drawdowns
QTAC vs. GMMA - Drawdown Comparison
The maximum QTAC drawdown since its inception was -16.56%, which is greater than GMMA's maximum drawdown of -5.21%. Use the drawdown chart below to compare losses from any high point for QTAC and GMMA.
Loading charts...
Drawdown Indicators
| QTAC | GMMA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.56% | -5.21% | -11.35% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.39% | — |
Current DrawdownCurrent decline from peak | -1.14% | -0.14% | -1.00% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -1.23% | -5.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.97% | — |
Volatility
QTAC vs. GMMA - Volatility Comparison
Loading charts...
Volatility by Period
| QTAC | GMMA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.06% | 5.32% | +18.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.06% | 7.10% | +16.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.06% | 7.10% | +16.96% |
QTAC vs. GMMA - Expense Ratio Comparison
QTAC has a 1.78% expense ratio, which is higher than GMMA's 0.75% expense ratio.
Dividends
QTAC vs. GMMA - Dividend Comparison
QTAC's dividend yield for the trailing twelve months is around 0.05%, less than GMMA's 3.64% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GMMA GammaRoad Market Navigation ETF | 3.64% | 3.00% | 0.57% |
QTAC Q3 All-Season Tactical Advantage ETF | 0.05% | 0.05% | 0.00% |
Frequently Asked Questions
QTAC and GMMA have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GMMA is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GMMA is cheaper with a 0.75% expense ratio, compared with 1.78% for QTAC.
GMMA has the higher dividend yield at 3.64%, compared with 0.05% for QTAC.
They also come from different issuers: Q3 Asset Management and GammaRoad Capital Partners. Their fees differ too: 1.78% for QTAC and 0.75% for GMMA.
Find the right allocation for QTAC and GMMA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer